CESTAT Sets Aside Credit Demand as Eligibility of Input Service Credit Was Not Disputed

Exide Industries Ltd Vs Commissioner of Central Goods & Service Tax (CESTAT Chandigarh) The appeal before the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chandigarh, arose from an Order-in-Original dated 21.04.2016 passed by the Commissioner of Central Excise, Gurgaon. The Commissioner had confirmed a demand of ₹4,24,11,327 under Rule 14 of the CENVAT Credit Rules read with Section 11A(1) of the Central Excise Act, 1944, along with interest, and imposed an equal penalty under Rule 15 of the CENVAT Credit Rules and Rule 25 of the Central Excise Rules, 2002. The appellant ...